How to Increase Your Home's Value

How to Increase Your Home’s Value

first published at McKeeHomes.com July 2022 – some edits have been made to update information
We’ve been in a seller’s market for quite some time now, but that doesn’t mean that homeowners looking to unload their property are guaranteed a quick and easy sale. After all, the higher your home’s value, the more money you’ll walk away with to invest in your next home.

In order to get top dollar when you sell, you need to do everything you can to make it stand out from the competition. If you’re wondering how to increase your home value, these selling tips will help you get started.

Paint Or Replace Your Doors

Paint is one of the quickest and most inexpensive ways to update the look of your home both inside and out. And your front door is like a big welcome sign to potential buyers, so it’s worth taking the time to make sure it looks its best. If your door is looking a little worse for wear, consider giving it a fresh coat of paint in a trendy 2023 color. Upgrading your front door has an average return on investment of 74.9%.

Your garage doors should also be in good condition and should coordinate with the style of your home. If they aren’t, consider replacing them. The average ROI of new garage doors is a staggering 97.5%!

Add or Update Outdoor Lighting

Good outdoor lighting can make a huge difference in how your home looks, both day and night. It’s not just about curb appeal either. Outdoor lighting can also play a role in home security. If you don’t have outdoor lighting, now is the time to add it. And if you do, make sure it’s in good working order and up-to-date with the latest lighting trends.

Invest in Landscaping

A well-groomed lawn and some beautiful flowers can make a world of difference when it comes to curb appeal. If your yard is looking shabby, consider hiring a professional landscaper to help you spruce it up. You don’t have to go overboard, but a few well-placed bushes and some colorful flowers can make a big impression.

Just be sure to choose plants that are native to your area so they require minimal maintenance. If you already live in Tennessee, these plants are some of the best options.

Update Your Kitchen

The kitchen is often referred to as the heart of the home, and it’s one of the most important rooms when it comes to selling. Outdated or in need of repair Kitchens should get a facelift before they are put on the market. Something as simple as new cabinet hardware makes a huge difference. If you have the budget, new appliances also help increase your home’s value.

Replace Your Carpet

Old, stained carpet is a turn-off for potential buyers. Start with a professional carpet cleaning to spruce up the look and smell of your home’s interior. If that doesn’t cut it, consider replacing your flooring.

You don’t have to go with the most expensive option, but be sure to choose a neutral style and color that will coordinate well with the rest of your home.

Affordable flooring options include:

Bamboo
Hardwood
Laminate
Tile
Vinyl
Concrete

There are pros and cons to each option, so be sure to do your research before making a decision. With so many DIY tutorials available online, you might even be able to install new flooring yourself and save some money in the process.

Clean, Declutter and Stage Your Home

Once you’ve made all the necessary updates and repairs, it’s time to start getting your home ready for showings. The first step is to do a deep clean from top to bottom. This means cleaning areas that you normally wouldn’t think twice about:

Baseboards
Light fixtures
Ceiling fans
Windows
Blinds
Cabinet doors
Walls

And don’t forget to declutter! Buyers want to visualize their own belongings in your home, so minimize countertop, shelf, and surface clutter as much as possible.

If you have the time and money, you might also want to invest in hiring a professional stager. A good stager will be able to transform your home into a showplace that is sure to impress potential buyers.

Finally, it’s important to get rid of personal touches like family photos. You want buyers to be able to see themselves living in your home, not you.

Before you put your home on the market, take a good hard look at your curb appeal. First impressions matter, so if potential buyers see an unkempt yard or chipped paint, they may not even want to come inside.

By taking the time to make some strategic updates, you can make your home look more inviting and maximize your ROI and sell your home quickly – without breaking the bank.

Ready to find your future home? Core Homes has new construction homes available in some of the best locations across Hamilton County. With a wide variety of floor plans and tons of personalization options, we can help you find the perfect home for your needs. Contact our team today!